The estimation of the population average family expenditure on food based on the sample average expenditure of 1,000 families is an example of
A) inferential statistics.
B) descriptive statistics.
C) a parameter.
D) a statistic.

Question

Quizplus · Accepted Answer

Inferential statistics involves using a sample to make inferences about a larger population. In this case, the sample average expenditure is being used to estimate the population average expenditure, which is an example of inferential statistics.

The Estimation of the Population Average Family Expenditure on Food